Active
5501 Broadway
West Palm Beach FL, 33407
$1,250,000
$412.00 per sqft
Active
3,034 sqft
Commercial
Built in 1955
Explore this exceptional redevelopment opportunity in the heart of the Broadway Corridor CRA. This combined 22,812 SF parcel permitted mixed-use allows for the construction of a three-story building, offering the flexibility to develop a dynamic combination of residential, commercial, and retail spaces. The location benefits from high traffic visibility and strong growth potential, enhanced by its position within a designated Community Redevelopment Area. The Opportunity Zone designation further provides significant tax incentives and development benefits, making this property an attractive investment. Ideal for developers seeking to capitalize on the strategic location and favorable zoning regulations. Don't miss this unique opportunity to shape the future of the Broadway Corridor.
A11635878
MLSⓇ ID
August 5, 2024
Listed
November 21, 2024
Updated
Map
5501 Broadway
West Palm Beach FL, 33407
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Building A/C
Heating
Yes
Heating Description
Central Electric
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
City Location, In Residential Area
Roof
Tar Gravel Roof
Sewer
Public Sanitation
Other Property Details
Taxes
$9,513
Tax Frequency
Annually
Days on Market
108
Garage
No
Parking
Common
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Zoning
BMUD TYP
Listing History
Date | Event | Price |
|---|---|---|
11/21/2024 | Price change | $1,250,000 -17% |
Listed by: The Keyes Company
Listing Contact: 954-707-1307
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 11:42 PM UTC, 11/21/2024.